Payday Loans in Nevada

At a Glance
  • Nickname: The Silver State
  • Population: 3.03 million
  • Capital: Carson City
  • Website:

Outsiders come to Nevada from all over the world to enjoy a good time. But within the state, many residents are struggling economically. Around 13% of Nevadans live in poverty, and those with credit card debt have, on average, about $200 more to pay off than the typical U.S. consumer. People living in Nevada also have annual incomes of over $3,000 less than the national average.

In Nevada, the typical interest rate for a payday loan in the state is 652%, according to the Center for Responsible Lending.


Average Credit Card Debt and Median Household Income in Nevada vs. the U.S.
Average Credit Card Debt (Q1 2019)
Median Household Income (2018)

Payday Loans in Nevada

Payday loans require their borrowers to provide lenders with access to their paychecks and bank accounts in case repayment cannot happen within the loans’ terms and conditions.

Nevada’s 339 payday lending storefronts make an average of 3,541 loans per store. And though the typical loan amount is relatively small—$350—this adds up to more than $77 million in fees annually across the state. For the typical borrower, it ultimately costs $596 to borrow $300 for 5 months. Nationally, 80% of all payday loans are either rolled over (meaning the borrower pays a fee to have the loan extended for 2 weeks) or renewed (meaning the borrower immediately takes out a new loan to cover the last one).

Payday Loan Statistics for Borrowers in Nevada vs. Nationally
Average Loan Amount

Consumer Protection in Nevada

How to Report a Payday Lender in Nevada

Don’t be afraid to ask for help if you’re having problems with a payday or title lender. You can report them to the Nevada Financial Institutions Division. You can submit a complaint by calling (702) 486-4120 or submitting a complaint form to

The Nevada Financial Institutions Division
Address: 3300 W. Sahara Ave., Suite 250, Las Vegas, Nevada 89102
Phone: (702) 486-4120

You can also report problems with a payday lender to the Consumer Financial Protection Bureau, a federal agency, either online or by calling (855) 411-2372.

Guides to Payday Loans in Nevada Cities

Check out this payday loan guide to the following city in Nevada:

Las Vegas